Segment Information

6 Months Ended

Jun. 30, 2014

Segment Reporting [Abstract]

Segment Information

SEGMENT INFORMATION

We operate in two geographic segments, the U.S. and Canada, where we are engaged in the exploration and production segment of the oil and gas industry. Additionally, we operate a significantly smaller midstream segment in the U.S. and Canada, where we provide natural gas gathering and processing services, primarily to our U.S. and Canadian exploration and production segments. In Canada, our midstream operation is the Fortune Creek partnership. Revenue earned by Fortune Creek for the gathering and processing of our gas is eliminated on a consolidated basis as is the GPT recognized by our producing properties. Based on the immateriality of our midstream segment, we have combined our U.S. and Canadian midstream information. We evaluate performance based on operating income and property and equipment costs incurred.

	Exploration & Production												Quicksilver Consolidated
	U.S.		Canada		Midstream		Corporate			Elimination
For the Three Months Ended June 30:	(In thousands)
2014
Revenue	$	85,894	$	31,164	$	5,110	$	—		$	(4,136	)	$	118,032
DD&A	8,176		4,781		1,245		457			—			14,659
Operating income (loss)	18,901		4,445		2,132		(11,942		)	—			13,536
Property and equipment costs incurred	31,686		4,717		—		454			—			36,857
2013
Revenue	$	140,393	$	34,264	$	6,576	$	—		$	(5,736	)	$	175,497
DD&A	10,323		3,047		1,307		588			—			15,265
Operating income (loss)	392,786		16,209		3,362		(17,463		)	—			394,894
Property and equipment costs incurred	14,760		2,620		675		9,344			—			27,399
For the Six Months Ended June 30:
2014
Revenue	$	148,797	$	59,126	$	10,973	$	—		$	(9,078	)	$	209,818
DD&A	15,556		9,608		2,488		963			—			28,615
Operating income (loss)	21,081		3,835		5,334		(27,768		)	—			2,482
Property and equipment costs incurred	64,902		13,670		11		545			—			79,128
2013
Revenue	$	221,949	$	70,523	$	12,791	$	—		$	(11,062	)	$	294,201
DD&A	23,451		6,237		2,647		1,186			—			33,521
Operating income (loss)	399,710		19,050		6,486		(34,224		)	—			391,022
Property and equipment costs incurred	35,313		5,684		755		9,984			—			51,736
Property, plant and equipment-net
June 30, 2014	$	402,791	$	313,669	$	94,306	$	4,565		$	—		$	815,331
December 31, 2013	451,840		306,423		97,118		5,424			—			860,805
Total assets
June 30, 2014	588,817		357,494		108,171		4,565			—			$	1,059,047
December 31, 2013	895,388		359,951		108,963		5,424			—			1,369,726